AFA to increase member input with new committees
In an effort to engage members, the AFA has created two new separate committees that will review and make recommendations to submissions relating to life insurance and adviser professional standards.
Speaking to the media last week at the AFA 2016 National Adviser Conference in Canberra, AFA treasurer Deborah Kent said the new committees were launched less than a month ago.
The AFA is currently looking to fill those committees with experienced people, she said.
There will be 10 people on each committee, including a chair, deputy chair and secretary. The groups will be charged with reviewing submissions made by the AFA that relate to life insurance and professional standards, and making recommendations.
“This is about engaging our members and allowing them to have their own committee so that they can come back to the AFA and help us from a policy and political position,” said Ms Kent.
“Let's say it's something on life insurance, [the submission] will go to that committee so they can also have a look and give their feedback on it.”
At the same time, Ms Kent welcomed the new AFA president, Marc Bineham.
“With all the wealth of experience that Marc has got, I can assure you that this board will continue to be great under his terrific leadership,” she said.
Mr Bineham said, “At this stage there is nothing that we want to do different than just continue the work that the AFA has been doing.
“Yes, we can do things better. Of course we can. We are looking to engage our membership with fresh ideas.”
IOOF announces new CEO
IOOF has appointed a permanent chief executive following the resignation of Chri...
Class action against Evans Dixon under consideration
A law firm has signalled intentions to launch a class action against wealth mana...
BT executive appointed to FSC board
The Financial Services Council has brought on a BT general manager with 25 years...